Generating Wealth by Understanding the Complexities of Bank REOs
[Note: To follow is an excerpt of a radio show interview conducted by Peter L. Mosca, host of Income Property Investment Talk dot com, with Scott Griffith, President ERA Griffith Realty and co-founder of Rescue LLC, a real estate consulting firm that helps banks stabilize and develop a plan for the disposition of REO properties. Griffith details the dos and don ts for success and talks about his experiences over the years developing his REO business. To listen to the show archive or download an MP3, go to www.IncomePropertyInvestmentTalk.com/120909.]
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Busy holiday sparks hope for New Year
From The Real Deal
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Washington Report: REO Discontent
Mortgage giant Fannie Mae is unhappy about the mounting thousands of REO houses it’s stuck with, but now it’s moving to sell off that inventory faster than it has in the past, potentially opening up some interesting opportunities for home buyers and their agents.
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Metro home sales surge in ‘09, prices drop
Home sales around the Twin Cities last year were at their highest level since 2005 as buyers snapped up foreclosed homes and took advantage of federal tax credits meant to stimulate the economy, three area Realtor associations said Tuesday.
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Ex-Homestore CEO Set To Plead Guilty In Fraud Case
Share + Jan 12, 2010 1:28 am US/Pacific LOS ANGELES The former CEO and chairman of Homestore Inc.
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KB Home Swings to a Profit, Revenue Plunges
KB Home posted a fourth quarter profit today, even as revenue fell by 27 percent.
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Arts council taps Broach for top honor
Allen Broach, owner and operator of Broach Co. Marketing Communications, has received the 2010 O. Henry Award from the United Arts Council of Greater Greensboro, in cooperation with the Greensboro Partnership.
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Consumers Spend on Brands with Social Purpose — and Encourage Others Too
Are you in the business of building homes or building better communities? Do you offer more than a “great” buy? Does your product help or hinder the environment? According to the third annual Edelman goodpurposeTM Consumer Study your answer to these questions may just affect your future sustainability as a real estate builder, developer, contractor, remodeler, etc. The survey found that despite the recession, consumers are still spending with companies and brands that have a social purpose. New findings released from the survey of 6,000 people in 10 countries, revealed that during this recession, 57 percent globally say a company or brand has earned their business because it has been doing its part to support good causes.
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Make Sure You Can Afford Your Dream Home
For first-time buyers in particular, it s a confusing time. Canada is just coming out of a tough recession that cost a lot of jobs and hurt consumer confidence. Everyone is aware of the troubled real estate market in the U.S. But since the spring, Canada s resale housing market has been booming, thanks to rock-bottom mortgage interest rates. So is now the time to buy and take advantage of the low rates?
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2 San Francisco-area associations consider merger
Members to decide after boards review feasibility
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